Property
Beds
12
Full Baths
None
1/2 Baths
None
Year Built
1952
Sq.Footage
5,615
Discover an unparalleled investment opportunity at 272 South Doheny Drive in the prestigious Beverly Hills. This expansive Income property offers 6 units apartments with in total 12 bedrooms and 7 bathrooms. Situated on a prime 5,751-square-foot corner lot between Gregory Way and Olympic Blvd. This property is designed to produce fluent and constant cash flow keeping a low vacancy rate at almost 0% throughout the year. Walking distance from schools and convenient to the 405 and I-10 as well as LAX, getting around from Beverly Hills is a breeze.. Each unit is equipped with essential amenities such as hardwood and tile flooring, high ceilings, and abundant natural lighting. Tenants enjoy the convenience of in-unit washers and dryers, complemented by additional laundry facilities within the building. The kitchens appliances is including dishwashers, gas ovens, stoves, refrigerator and garbage disposal. One covered and assigned parking space per unit including a wall storage space as well. This property offers unparalleled flexibility. Most of tenants are currently operating on a month-to-month lease contract model. With one unit #6 presently vacant, there's immediate potential for occupancy or increased rental revenue. Notably, Unit 5's lease is set to expire at the end of this month, presenting a timely opportunity for rent adjustments or improvements. Capitalize on this distinctive investment opportunity, ideally situated in a highly coveted area. Reach out today to explore how this property can enhance your portfolio with its promising cash flow potential.
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s), Open Floorplan, Storage
-
Total Bedrooms
12
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
Exterior
-
Garage
No
-
Parking
Attached, Attached Carport, Assigned, Covered
-
Pool
No
-
View
City Lights
Area & Lot
-
Lot Features
Landscaped
-
Lot Size(acres)
0.1289
-
Property Type
Residential Income
Price
-
Sales Price
$4,490,000
-
Sq. Footage
5, 615
-
Price/SqFt
$799
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Alessandra Ferracuti , Compass
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